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Google stock crosses $1,000 mark after earnings

October 18, 2013 • Business


FILE – In this , Tuesday, Oct. 8, 2013, file photo, the Chrome logo is displayed at a Google event in New York. Google reports quarterly earnings on Thursday, Oct. 17, 2013. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) — Google’s stock surpassed the $1,000 mark for the first time, helped by strong third-quarter results.

Shortly after the markets opened Friday, Google Inc. shares jumped 14 percent to $1,015.46 and closed a day heavy trading at $1,011.41. The gains marked Google’s biggest one-day jump in more than five years.

The stock had never been higher than $928 in regular market trading since Google went public at $85 per share nine years ago.

Late Thursday, Google reported a Login to read more

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